A Hong Kong court ordered the liquidation of China Evergrande, the world’s most indebted property developer.
Evergrande has assets of about $245 billion, but owes about $300 billion.
Its demise is a “controlled collapse,” but still raises systemic risk and will hurt investors, says an analyst.
God you people are sadly obvious
That’s pretty funny coming from the guy whose comment history is primarily room temperature IQ hot takes and telling people exasperated by your dimness to fuck off. It’s sadly common to encounter stupid, angry people online, but your dedication to the art puts you at least five short buses ahead of your peers.
Yall ain’t even smart enough to get it
ROFLMAO, I tell you wut.
Idiot.